Smart Choice MRI
https://smartchoicemri.com/Smart Choice MRI was built around the idea of creating greater transparency and affordability in health care, specifically MRI. With the increase in high-deductible insurance plans, it was clear that people needed high quality health care at a fair price. Since MRI has traditionally had an inflated cost structure, we wanted to provide patients with the same quality MRI care and technology as a hospital without the inflated hospital costs.
Smart Choice is the first MRI center in the country that offers Magnetic Resonance Images (MRIs) to every patient for the same low, all-inclusive price of just $600 or less.
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Overview
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 7
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| Nov 8, 2016 | 9 Milwaukee Startups to Watch | This story is part of our Inno on the Road series. You can learn more about Milwaukee startups here. Milwaukee has a rich history of entrepreneurship, with corporations like Harley Davidson, Kohl's and Miller all carrying a founder... |
| May 16, 2016 | Smart Choice MRI Raises Another $7M, From Illinois Hospital System | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Smart Choice MRI, which charges patients a flat rate of $600 or less rate for scans, has raised $7 million from Edward-Elmhurst Health. Smart Choice CEO Rick Anderson says his... |
| Feb 12, 2016 | Smart Choice MRI Receives $3M from ThedaCare for Midwest Expansion | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Merging with a rival often makes a lot of business sense. Investing in a company that provides competing services, by contrast, may require more explanation. Today, most magne... |
| Dec 19, 2015 | Smart Choice MRI Raises $6.5M in Growth Capital | Smart Choice MRI, a Mequon, Wis.-based provider of Magnetic Resonance Imaging (MRIs) solutions, raised $6.5m in growth capital. F Street Capital, LLC, with a core group of legacy and new investors, led the financing round with $2.5m. The co... |
| Dec 14, 2015 | Smart Choice MRI Raises $6.5M to help fuel national expansion | Consumers are increasingly challenged with out-of-pocket healthcare costs, according to the Kaiser Family Foundation/Health Research & Educational Trust 2015 Employer Health Benefit Survey. Smart Choice MRI is looking to alleviate some ... |
| Smart Choice MRI Raises $6.5M to help fuel national expansion | Smart Choice MRI provides affordable imaging for $600 or less, and the company is now planning to expand with the help of a $6.5 million round of financing. Milwaukee-based F Street Capital, LLC, in addition to a core group of legacy and ne... |
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FAQ about Smart Choice MRI
When was Smart Choice MRI founded?
Smart Choice MRI was founded in 2006.
How much funding has Smart Choice MRI raised?
Smart Choice MRI has raised $6.5M in total across 1 funding round.
What has the press written about Smart Choice MRI?
Parsers VC has collected 7 articles mentioning Smart Choice MRI, among them “9 Milwaukee Startups to Watch” (Nov 8, 2016) and “Smart Choice MRI Raises Another $7M, From Illinois Hospital System” (May 16, 2016).
Is Smart Choice MRI still active?
Yes, Smart Choice MRI is active; its latest activity on Parsers VC dates from Aug 24, 2017.